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energy policy. >> i have the book. you have all been waiting for it and take you for giving me the opportunity to talk a little bit about what we have been doing on the energy committee for the past year in an effort to really focus on where we have been with energy policy and really helping to move forward in a way that is not the same old same old, but really real imagining and refocusing where we should be has been an important opportunity for us to really put some considered thought into the proposal. what you have in front of you is better than airplane reading. there are some suggestions in this energy 2020 document that people will look at and they will argue and they will say -- that is one person's view. that is true, that is true. but while we are trying to do is not give you a legislative package starting with initiatives that we are going to kind of clicked off as we move forward. this is really designed to be a discussion blueprint. we want to try to change the conversation. one of the reasons we have to think about changing the conversation is because the energy p
by the department of energy and i support thuous us chief technology officer todd park who is not the cto, but assistant to the president. >> and i'm peter hirschberg, run publicly a dozen hack-a-thon, [speaker not understood], build apps and explore what's possible. >> i'm chris, the co-founder and ceo of 100-plus and we use data from many different sources to try to help people be more healthy in their daily life. >> hi. [speaker not understood]. we're a mapping and location-based analytics platform. and we are working with open data and trying to see how we can turn data into information, data into knowledge, and the kind of decision products. >> hi, i'm john, ceo of motion loft. we're trying to understand how people move around cities and provide that data to the public to build new tools for public safety. >> hi, i'm [speaker not understood] with code for america. we're a peace core for geeks. we're trying to bring talent from the private second for and government to innovate. we work with dozens of citieses across the country and next year we should be working with san francisco whi
to reunite with its owner. >> new warning of energy drinks and what they could to do your >> welcome back, this morning police are looking for the owner of a bag of jewelry found in fremont. these are pictures of the jewelry found in a bag. a maintenance worker found the bag in the bushes yesterday morning. many of the items still have the price tags attached. if some of this belongs to you, contact the fremont police department. >> this morning, another reminder for people who park at meters on sundays in san francisco. it is no longer free according to the "san francisco chronicle", officers issued almost 1,800 tickets last sunday the first day the new rule was enforced. agree parking ended last month. tickets are $72 downtown and $62 in other areas of the city. the rules will generate an additional $2 million in revenue for the city. >> chilly start to this friday morning. >> will we warm up? mike nicco? >> we will look at our forecast, we will start this morning, 35 to 45 and more fog, and thicker than it was yesterday. we will have haze but don't worry about the air quality, it will
. >>> a teenager without a monster energy drink or red bull, that's a rare thing to finds. >> they are addicted. doctors say they are at risk. what health risks can cause in young people. >>> shock in the skies as the pilot stumbles out of the cockpit and passes out. who got people safely on the grouped? >>> airport fixture, are the bomb sniffing dogs affective? the results of a new government report, we'll be right back. we gotta sell the car. where would we even start? get the car. hi howard. get in. hi, good to see you. start with an actual written offer when selling your car, no strings attached. carmax. start here. joining me are the fans this is crissy, how are you doing tonight? >> i'm great, thanks. >> are you excited to know the ravens are going to the super bowl? >> i'm beyond stoked. >> tell me about the things you are going to be doing. >> my favorite player is ray rice. i like the little guys that can run fast. then, having a couple of super bowl partys with family, that will be a lot of fun. >> thank you very much. we will be having a purple pep rally from 5:00 to 8:00 p.m. come d
,000 mark for the first time in five years. but how does exxonmobil and chevron, two down energy stocks, and what is their impact on the move. josh lipton is with us. hi, josh. >> each sector has had a different role in the push it 14,000. first up, exxon which beat expectations on the bottom line on strong results and its chemical and refining businesses. but the oil giant also told us that it produced less oil and gas than it said it would back in march. stock right now, basically flat but since the peak in 2 thu 7, energy giant is actually down about 3% of the 880-something point we tacked on in 2013. exxon only contributed 26 points. then chevron, better than expected fourth quarter earnings as its refining business boosted profits. stock right now showing modest gains. but a better long-term story here. chevron is actually up about 24% since october 2007 and has added 60 points to this year's surge. worth noting, the role of the energy sector has also played in this broader rally between 2009 and 2013. energy lagged one of the reasons for nervousness last year, investors anticipate
is equivalent to the energy released by 400,000 hiroshima atomic bombs every day. that's a lot of energy, even on a big planet. and one of the things that does is it evaporates more water off the oceans which puts more water vapor into the sky, 4% more in the last 30 years, and then when that waterfalls, either as rain or snow, it comes in much larger downpours, which causes larger floods. the winds get stronger. the storm, the storms are more intense, the sea level is up. all those things converged on sandy. but the very fact that there is 4% more water vapor in the atmosphere, not just above the place where the raindrops fall, you know, you have a bathtub filled with water, you open the drain, the water going down the drain just come just from the part of the tub directly above the drain t comes from the whole tub. and when there is a storm that it stretches out 2,000 kill 3450e9ers, often, and funnels toward the downpour so look what happened today in australia. they had two and a half feet of rain in queensland, okay. all over the-- pakistan, 20 million -- >> had to you will cat military i
. and then as we come across you can see the stage. it just wrapped up a musical act here. a lot of energy in the air. >>> a lot of things happening in this town. in the french quarter and beyond. very exciting the countdown continues. the day is sunday and people here are getting pumped up about it. >> they are reporting from new orleans they will have live coverage leading up to sunday's sup iser bowl. sanfrancisco has a simple message for fans hoping to celebrate sunday night. >> if if you go out there and you start vandalizing property and start hurting other people the consequences are severe. >> he pointed to the violence after the giants world series championship. 14 people have been prosecuted and some people are spending five people behind bars. all for one night being drunk and stupid. his office uses pictures posted to the internet to support prosecution. >>> the 49er frenzy extends collin's hometown. a move with a message delivered today. >>> the city of oakland is joining a few other places from the country and issuing its own identification cards to people who live there. the
. it was a high energy show for half an hour. cnn was going through all kinds of changes, too. they have nothing to compare with c-span and you, but -- >> we are 50 minutes in and have not gotten to hamburger helper left, but i do want to take advantage of the seven minutes left -- do you also think gigot and shields, brooks and shields -- which one to do like the best? >> that is a good question. everyone. david was six years, from 1987 until 1993. --dqavid gerger. then he left, of course. sort of tarnished his republican credentials by going to work for bill clinton. >> you hear republicans say that is the kind of republican you have on pbs. >> you cannot say that about paul gigot, the editorial page of "the wall street journal." paul did it from 1993 until 2001. the only reason he left was that he left for new york to run the page. he got the promotion. >> which one of those three did you like the best? >> since then i have been doing it with david brooks -- all terrific. i have been very orchard. -- i have been very, very fortunate. >> what is the difference in those three conservatives or t
, no. >> changing the face of energy and production. >> and coppano was on the show saying, we know what we're doing. you know what? they make fortunes for their shareholders. great jop copano. >> we're going to see dow 14,000 for the first time in more than over five. the opening bell just minutes away. get ready, another big day of trading ahead on "squawk on the street." [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not ro
growth equities. look at some energy stocks this year have done very well. up 14%. market is up 6%. they are up 14%. your drilling stocks, you want to be in these sectors liz that have exposure to global growth. you want to be in the healthcare sector. it's a sector emphasis. we think the average will be lower but we think you have got emerging markets, japan, europe, those is where we would be focused. liz: people missed a year ago when you were standing here and saying you should be comfortable with having a decent portion of your portfolio in equities. have they missed it? am i overstating that? too late to get in? >> i don't think they've -- i think you want to watch any pullback and let that pullback take place and then buy on any pullback. basically your four p's, profits, production, personal income and politics. that's the one thing that could throw things into politics. debt downgrade of the united states, liz. liz: s&p already downgraded us a year ago, august. >> a year ago august, the following month, it happened at 5:15 on august the 5th, 2011, a year ago august. augus
we can to address this with people, who love oakland and want to keep the positive energy going. reporter: some residents and business owners wonder if the shooting could end first friday. >> it's wonderful and helpful for us. reporter: we tried to reach the mayor and representatives of first friday to find out the future of first fridays and knee then one round our call. there's a $25,000 reward being offer for information leading to an arrest. >> ama: boogie boarders come to the rescue at systemson beach. >>> a bizarre hazmat situation and a man found debt. >> an annual effort to change gang violence in san jose takes a new approach. >> leigh: we have a beach advisory to pass on to you. plus, we'll take a look at big changes expected weatherwise next week. >> and abc7 is the only place to watch the oscars on february 24th. we'll have details of all the nominees on an >> ama: two teenage boogie boarders saved an elderly man from the surf. they pulled him on the beach where two people gave first aid. the man has been taken by helicopter to a hospital. >>> police find hazardous
anecdotally, when the left wants to inhibit behavior, whether it's energy consumption or cigarette smoking or any one of the other things they have, what's the very first thing they do? they raise taxes! yet they say in this case, raising taxes is not going to affect economy. >> okay. gary, scholar is something we don't hear often on "bulls & bears." straight to susan. >> we need to put some of the recent numbers in context. yes, the percentage ticked up a little bit. but corporate earnings have been strong. the consumer confidence number that was out yesterday from the university of michigan was up. t consumer expectation number from university of michigan for the next six months was also up. so this is not consumers pull back from the economy. it was really more of a blip. when that gets revised, it will get revised upward. >> but toby, gdp did decline. that was really proof that just talking about tax hikes would hurt things. then consumer confidence plummeted, proof that tax hikes do really kill the economy and kill confidence. >> right. if tax hikes don't affect behavior, then why is
to spur growth. banks are as healthy as they can be. you have energy costs going down. energy independence coming a reality in the united states. the housing market is bottoming on the u.s. china has new leadership in they are accommodating growth. all of those are positive indicators. lori: what are your -- >> we see them up. we have earned half of that now. let's not forget, we still have the triple witching power. we have to get through that before we can look at the market being on a sustained path. lori: we will have to leave it there, john. melissa: football, beer and loopholes. the president had to say this about reducing the deficit. >> there is no dow that we need additional revenue coupled with smart spending reductions in order to bring down our deficit. we can do it in a gradual way so it does not have a huge impact. the average person cannot take advantage of them. they do not have access to cayman islands account. the average person does not have access to carried interest income. melissa: i do not know, how do you interpret that. that sounds like the tax man is coming. lori:
to recycle their grease. >> our bill will promote the use of alternative energy. >> the fact it was coming from kids made it hit home a lot harder. the child shall lead them sort of thing. >> she set the example for the town. and it's great that westerly has a person we could be very proud of and tell the rest of the country, hey, look what we're doing on the shore. >> if everyone just gave a little something back and took a little time out of their day to do something for others, the world would be a better place. >> the world is already better because cassandra lynn is in it. i can say that, 14 years old, how do you like that? we love our heroes at cnn. and if you know somebody who is making a big difference in your community, somebody like cassandra, tell us about them. come on. they need some props. cnnheroes.com is the place to go. you can help us to shine a spotlight on their deserving work. and guess what? there's an added bonus. it can help them to do even more of the good they're doing. go to cnnheroes.com and nominate a 2013 cnn hero today. you'll feel better. from a mi. while go
. i think there is a lot of political pressure for him to approve it. it plays into his energy independence themselves he has talked about. it's hard to say though. he's going to take a lot of grief if he doesn't approve it. and many will kick up a big storm. >> john: yes, they are. >> but it's hard to say. with john kerry now who has had a very strong record on climate as secretary of state. it's their authority, secretary of state who has to sign off on that, even though the president will make the decision. i don't think it's a done deal so we'll have to wait and see. >> john: what about a carbon tax. you talked about how surprisingly how the left and right are coming together on the carbon tax albeit for different reasons. is it possible that they would allow keystone the grand bargain onon the carbon tax. >> the carbon tax or tax of any sort is a bad word and difficult to get any political support for right now. the republicans are coming around because of the revenue. there is a lot of money involved in the carbon tax and they could raise billions of dollars and use that
of a million accounts may have been compromised. last month's attack on the department of energy only recently came to light when employees were notified hackers hacked serve he is. the apparent ease in which nations appear to be infiltrating heavily secured sites and u.s. military and intelligence community on notice. >> this is a whole new arena a new frontier where people are able to move with stealth, agility and invisibly. i think that is what forces you to be on your toes and apprehensive and to really redouble your efforts to protect yourself. >> fox news is told a national estimate has authoritative documents commissioned to focus on cyber security with an analysis of china and others perceived after such as iran and north korea. the state department says the very real threat to economic and national security is consistently being raised with beijing. >> we have been clear with the government of china that we need to continue to talk about this. this is unfortunately a substantial and growing concern. >> after white house spokesman jay carney said he would not testify on documents late
billion in energy investments. stop making them out to be the bad guys. like you have other successful americans that take pride in a u.s. company being number one in the world. that's a good thing. coming up next, traders seem to love today's jobs numbers, but were they really all that good? our political panel weighs in, and stocks on a roll, lately, topping numbers not seen since 2007. how long will it last, and how high will they go? coming up. coming up. ♪ [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. studios in new york city, it's "the willis report" with gerri willis. gerri: beautiful evening in new york, but cold. all right, talking about the dow topping 14,000 today for the first time since the financial crisis rocked the wor
of nearly $37 billion in energy investments. stop making them out to be the bad guys. like you have other successful americans that take pride in a u.s. company being number one in the world. that's a good thing. coming up next, traders seem to love today's jobs numbers, but were they really all that good? our political panel weighs in, and stocks on a roll, lately, topping numbers not seen since 2007. how long will it last, and how high will they go? coming up. ♪ >>> from the fox business studios in new york city, it's "the willis report" with gerri willis. gerri: beautiful evening in new york, but cold. all right, talking about the dow topping 14,000 today for the first time since the financial crisis rocked the world economy, but should investors brace for a painful correction? that's what folks are saying. jared, senior equity strategist at zachs investment research joining me now. all right. tell me, explain the stock market. why is it happy when we have a punk jobs data and then the economy slip shrinks in the fourth quarter. why is it so high? >> i thought about it and talked abo
, and it puts money back into the economy in the form of nearly $37 billion in energy investments. stop making them out to be the bad guys. like you have other successful americans that take pride in a u.s. company being number one in the world. that's a good thing. coming up next, traders seem to love today's jobs numbers, but were they really all that good? our political panel weighs in, and stocks on a roll, lately, topping numbers not seen since 2007. how long will it last, and how high will they go? coming up. coming up. ♪ [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney t
's that same year -- that will help montana to lead america to energy independence. with responsible dwo. our poll, with oil and gas, hydropower, biofuel, the geothermal capacity. we are creating jobs and strength. ing our rural economies. for some communities in eastern montana, the rapid growth associated with the energy boom is created immediate infrastructure challenges. that's why i'm h i've proposed creating a grant program for communities effected by oil and gas development. i ask that we're invest $15 million in providing matching funds to effective cities and towns, areas that don't always get a share of the increased revenue, the county l government and school distinct receive from oil and gas development. there are challenges but there's opportunities for the whole state with this development. i do hope that you'll join me in addressing those challenges. [applause] [applause] we must also meet our spoonlt to fix the long-term problem created by our predecessors. i have outline a detailed plan that will shore up the public retirement system and do so without raising taxes. i look fo
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beaten down over the last couple of years. this is tech, this is energy, this is big cap, industrials, these are stocks that have basically been -- that have gotten cheaper over the last couple of years, around fears of a global recession, around fears that the rest of the world isn't as strong as the u.s. today, i think that it's time to really reverse that trade and go back into some of the more globally geared gdp sensitive stocks that are cheap, they're underowned, and it looks like the global economy could actually outpace the u.s. this year, and for the next couple of years. >> savita we talked to a bunch of strategists this year who are, i would say, aggressive to -- i mean, mixed in terms of their defensive nature regarding sector allocation, that they might step on the accelerator later on in the year once we get past some of the d.c. deadlines and go more cyclical, go more economically sensitive. would your advice be to err on the side of aggressive? >> i think it's -- there's no better time to do it than now. the reason is that, you know, i think the market looks through a
. the ceo of energy company nrg is going to join us with more. no power problems here as we fire up the lights on the "squawk" set and get ready to make you money. the second hour of "squawk box" starts right now. ♪ >>> good morning, everybody. i'm becky quick along with andrew ross sorkin and steve liesman. joe is off this week. get this, yesterday was the worst performance for the markets since 2013 began. this morning the futures are pointing to a big rebound in the markets. you can see right now the dow futures up by 93 points. s&p futures up by more than nine points. yesterday, they gave back about 129 points for the dow. so at this point it looks like we are starting to see some sort of a big rebound, maybe taking back all that ground it lost yesterday. the dow, in fact, starting off this week as we mentioned with big sell-off. there were renewed concerns out there about europe and some profit taking, as well. the dow actually finishing below that key 14,000 level yesterday. mutual fund pioneer jack bogle spoke with us yesterday on the program and he said individual investor
enormous amounts of energy that has to be harnessed and focused. so i'm very fortunate and i'm looking forward to this next chapter in my life, whatever it is. >> the full interview, by the way, with the secretary of state, it will air here in "the situation room" in the next hour as well as the 6:00 p.m. eastern. she goes through a wide, wide range of issues, including national security issues and what about 2016? is she really interested in running for president again? the interview will be airing here in "the situation room." >>> as we saw earlier, the senate is voting on hillary clinton's replacement, the confirmation of john kerry. he will be confirmed and he will be the next secretary of state, the senator from massachusetts. we'll get you the role cal number as soon as it is finished. >>> the head of the rifle association and husband of gabrielle giffords will square off on gun control. >>> and stunning housing numbers and what it means for the u.s. economy. [ male announcer ] what are happy kids made of? bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of gri
veterans to the super bowl. and everywhere you look in the french quarter, the energy is emanating from the street level activity. and the local flavor is starting to emerge. >> welcome to new orleans. >> reporter: some wearing more 49ers and ravens gear than others. >> like from fredricks? >> i made this myself. i make all the costumes myself, except for the what you call it, the hardware of it. i make it all myself. and my bra has predicted the last three major sporting events in new orleans. >> reporter: and what is being called the har-bowl, you wonder if new orleans institutions like the court of two sisters would consider going by the court of two brothers. >> with the two coaches, yes, definitely. actually, the restaurant is court of two sisters is actually owned by two brothers. so we understand that here. >> reporter: and at all of the establishments catering to the visit visitors, they're thrilled to have people visiting their center. great hospitality and plenty of choice for the super bowl. >> how does this work? >> be nice to me, bonus points. sit for pictures, bonus points
we got a number from the energy department. that was a withdrawal that was less than what analysts were anticipating. saw a draw of 194 billion cubic feet of natural gas from storage in the last week. expectations were somewhere between 200 and 204 cubic feet. still the biggest withdrawal of the season. the very cold temperatures we had last week in the northeast, the midwest, even texas, a big reason for the withdrawal that we are seeing but it's not what analysts had anticipated. we are going to have colder temperatures in the week ahead, but still, we are looking at natural gas, trying to hold that support level around 3.25. that was the low when that number came out. if we dip below 320, traders say, technically we could see a drop all the way to the 310 level what traders are watching now. that was highly anticipated report because it is the biggest of the season, but wasn't as big as what some analysts anticipated. melissa, back to you. >> sharon epperson. thank you. >>> negative reading on fourth quarter gdp yesterday surprise the mark, the first jobs report of the year is o
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limits to 55. the department of energy has concluded the average vehicle fuel efficiency improves about 22% when the speeds dropped from 75 to 55 and everybody usually draws about 75, so right there painlessly and without costing anybody any money. melissa: are you advocating some businesses shut down, for example calls come in like utah, the other manufacturing base in the area, it is controversial because it employs about 120,000 people in the area, would you like them to shut down, are you part of that group? >> no. we are not advocating anybody lose their job. if our state government actually implanted a recommendation, it would probably add employment to the state, not subtracted. one of the consequences of the air pollution it has is really economic repercussions when it is broadcast throughout the world salt lake city has a worse air pollution in the country, that has a profound economic liability to it. it is a bad message to send to other states and the rest of the world. melissa: you are right about that. now you are getting so much attention, negative for the reason you just
are off, you don't have to appeal to the high energy members of your party. when the cameras are off is when you get to sit down and get to business and get the work done. >> what are you studying? >> political science. >> what do you want to do? >> be a politician. [laughter] >> how you feel after tonight? >> it's going to be a very long journey. [laughter] >> we wish you luck. the last comment tonight from the bipartisan policy center. your thoughts? tell us what you thought and what your conclusion is. >> a couple of reflections. it is great to have this kind of fusion cabinet discussion with multiple layers of government, supporters and political commentators. that does not happen all whole lot. two things occurred to me. the mayor made a great point about how messy this is. the idea of the public getting comfortable with that messiness is going to be another part of the political cover. to have the opportunity to make the uncomfortable agreements that will be necessary. it was not really just a partisan question. the local, state, and federal government positions are critical fo
of the president's green energy policy, another waste of money. >>brian: we're showing we're in the 21st century, because the simulcast, i'll pretend to be on radio and you pretend to be on television. >> and mient view with emmitt smith was better than yours. >>brian: that was so wrong. >> steve is on my side. >>brian: hypocrisy alert, one of the biggest supporters of gun control uses his own armed body guards to shut down a reporter. watch. >> in the spirit of gun control, will you disarm your entire security team? >> we'll get back to you. >>brian: jason mattera joins us next. man versus fitness? the most hilarious video the most hilarious video you'll see all day. when someone in my family gets the flu. fact: advil not only relieves body aches and pains that can come with the flu, it also reduces fever fast. relief doesn't get any better than this. advil. just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. with fancy feast mornings gourme
watch. the clinton has a few choice words for critics. the "a-team" is next. energy secretary stephen shoot once called for higher gasoline prices. he boosted solyndra. now he is just gone. the gun-control debate takes another twist. the families of sandy hook elementary victims are siding with the national rifle association. fox news digital politics editor chris sty walled inweekly standard senior editor stephen hays join us next. ♪ lou: gun-control topping the president's agenda as he travels to minneapolis monday where he will push for stricter gun control. senator dick durbin announcing today you will chair a hearing on gun violence in the second amendment. joining us now, fox news digital politics editor, a senior writer for the weekly standard and fox news contributor. well, let me begin, if i may, which you. the president presses on with gun-control, despite what seems to be a determined house, determined opposition, and an nra that has just picked up in alignment with the sandy hook elementary school that wants armed guards, which is his proposal, in their schools. is he on
. millions of people either lost their jobs or saw their wages fall. food and energy prices went up for many middle and low-income people. everyday costs like rent, utility and food became more difficult and in many cases families were forced to choose between food and electricity. even before the recession started, tens of millions of americans went hungry at some point during the year. that, too, is unconscionable. when we turn this economy around, and it will rebound, we need to end hunger now. we may not be able to wipe out all disease, we probably can't eliminate war, but we have the resources, we know what it takes. we need to muster the will to end hunger once and for all. hunger is a political condition. it's important to point out that even though 50 million people were food insecure, the vast majority had a safety net that prevented them from actually starving. that safety ned is called the supplement -- that safety net is called snap. snap is a program that provides low-income families with food they otherwise could not afford to buy. more than 75 million families relied on snap t
to environmental programs, $400 million cuts to home energy assistance. $29 million in cuts to the community-oriented policing service, the cops program. and i talked to municipalities in my district they talk about the layoffs that have already occurred. this means jobs were lost and weren't created and services were cut to families and smart investments weren't made. but the republicans are insisting on additional deficit reductions from even more severe cuts including social security, medicare and medicaid benefits. and just to point out, the poorest class of adults in the united states of america are people over 65 years of age with median incomes of $20,000 a year. don't be bullied and go after them. what my colleagues and i are offering today is a smarter alternative that would close tax loopholes for the wealthiest individuals and corporations and cut through military waste and create one million new jobs by investing in infrastructure and keeping teachers in the classroom. what the balancing act does is offer long-term deficit reduction in a fair and balanced way. balanced means in a
of the plane's lithium batteries. >>> americans are pumping more of their income into gas. the energy department said monday that u.s. households spend an average of $2,912, 4% of their income on fuel last year. that's the highest level in four years. even though gas costs are eating up a bigger chunk of your budget, americans are buying less gas because their cars are becoming fuel efficient. the average price of a gallon of regular unleaded is $3.53. gas prices have been rising. there you go. >>> all right. 23 minutes past the hour. texas governor rick perry launching a big radio ad push in major california cities. he is trying to get businesses to the lone star state. listen to this. >> this is texas governor rick perry. come check out texas. there are plenty of reasons -- >> perry touts texas' low taxes and easier business climate compared to california. >> everybody wants jobs. people have been moving into texas. >> a nice place. >> we have seen an inflow of migration. >>> the white house with a key deadline and republicans vowing to do something about that. >>> instead of kids f
that he's using that. it doesn't seem like he's on antler spray but crack. he has major energy. >> why is there antler spray? are deer insecure with their size. >> john: why not. you have spray for football. you have rhino horn for sex. and if they could use that. >> john: i don't think it's that huge of a scandal i'll get to that to in a moment, but could people hate alex rodriguez more than they already do. he already admitted to using performance-enhancing drugs from 2001 to 2003. does he have any credibility left? >> why does he need credibility. he has millions of dollars. cheaters, they're not like us. they don't need to be liked. the rest of us need to be liked. that's why we're on facebook. >> i'm a cheater and i like to be liked. >> you get enough money you can buy whatever you need. >> yeah, i agree with you. i really--i mean, everything he does is just repulsive now. i'm not surprised he did that. >> john: dating madonna was a tipping point for some of us, of course. but let me talk about ray lewis and the deer antler spray. he wasn't doing it to cheat. he was doing it to re
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